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People consider a wide range of factors when shopping for a car. Everything from safety to color to how many people it can seat gets considered. But one often overlooked factor is miles per gallon. Use this calculator to see how fuel-efficient your car is.

Mileage Costs

Enter information about your current car, the new car you're considering, and fuel costs.

These are example values. Update them to reflect your personal situation.

$
$1.00 $20.00
miles
1 200 miles
MPG
5 60 MPG
MPG
10 100 MPG

Loan Costs

Enter the cost of the new car and loan information.

$
$5,000 $100,000
years
1 30 years
%

People consider a wide range of factors when shopping for a car. Everything from safety to color to how many people it can seat gets considered. But one often overlooked factor is miles per gallon. Use this calculator to see how fuel-efficient your car is.

Your Gasoline Savings

For most car owners, a periodic stop at the gas station is part of the ownership experience. Knowing that your hard-earned money is being used efficiently brings joy to some people when they swipe their debit card.

Total Gasoline Savings
Over the Course of the Loan
$0
Cost per Day (Current Car)
$0.00
Cost per Day (New Car)
$0.00
Savings per Day with New Car
$0.00

Your Interest Paid

Total Interest Paid
on New Car
$0
Loan Annual Payment
$0
Loan Total Amount Repaid
$0

These figures are estimates based on the information you have provided. Actual results may vary based on driving habits, fuel prices, and loan terms. An automobile professional may be able to help if you have questions about your car's value or current loan interest rates.

 

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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

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